Latest News
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BTR Sector to Surge in Next 5 Years
Knight Frank has unveiled some compelling statistics about the trajectory of the BTR sector. The most interesting revelation? The BTR sector’s worth might surge to a whopping £126 billion by 2028. Such an uptick isn’t just speculative either. The past trends affirm this prediction – the sector’s value has already climbed from £35 billion in…
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Gulf Investors See Gold in UK Property
The UK property market has always been an attractive investment hub for international investors. Recent data suggests that this appeal has not waned, particularly among investors from the Gulf states. Despite challenges in the market, London has managed to secure its position as the top global choice for property investors from the Gulf Cooperation Council…
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32% of Landlords Planning to Buy Property
The buy-to-let market remains an intriguing part of the UK property investment sphere. Despite various challenges such as modest yields, a recent survey by Landbay offers insights into what landlords are contemplating for the coming year. Landbay’s recent survey sheds light on the current mindset of buy-to-let landlords. Notably, about a third (32%) of them…
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Understanding the Pet Policy in the Renters Reform Bill
The Renters Reform Bill has a section focused on pet ownership for tenants. The central theme is that tenants should be permitted to keep pets unless the landlord can provide a “reasonable refusal”. In simpler terms, unless there’s a clear-cut reason against it, tenants can have pets. To give tenants a safety net, landlords are…
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Bank of England Rates Predicted to Remain Steady
According to several economists, the Bank of England is predicted to maintain the interest rates at 5.25% in the upcoming week. This decision is set to be confirmed next Thursday. For those new to the terminology, this is often referred to as the ‘base rate’ – the interest rate at which the BoE lends money…
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Manchester House Prices Increasing Faster Than Anywhere Else
Manchester has seen an unparalleled surge in its house prices, outperforming not just its neighboring cities but also England and Wales as a whole. Since the turn of the millennium in 2000, Manchester’s property market has been in overdrive. On the broader scale, the average house price in England and Wales has witnessed a significant…
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The Ongoing Trend: Falling Mortgage Prices
Despite the suspense surrounding upcoming interest rate decisions, there’s a silver lining for potential homeowners and investors: the prices of fixed-rate mortgages are on a downward trend. This week, Coventry Building Society announced reductions in its mortgage rates, encompassing both residential and buy-to-let deals. This follows similar moves from Santander just days before. A Closer…
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3 Buy to Let Investment Hotspots
Based on multiple factors including rental yields, educational achievements, and local amenities, Confused.com has identified the crème de la crème of UK investment locations. 1. Newcastle upon Tyne 2. Dundee 3. Aberdeen Starting Your Property Investment Journey: Tips to Get You Started Property investment is more than just picking a house and slapping a price…
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Coventry Cuts Residential and BTL Rates
Coventry Building Society has decided to reduce rates across several areas in its mortgage portfolio. From this Friday, expect to see the following changes: Market Insights: What The Experts Are Saying Reacting to the Rate Changes Industry professionals have been quick to weigh in on these changes: The Bottom Line If you took advantage of…
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Molo Introduces Non-Resident Buy-to-Let Mortgages
Molo Finance recently announced the launch of its non-resident buy-to-let mortgages, specifically crafted for international borrowers. This new product allows investors from around the globe to obtain a buy-to-let mortgage in England and Wales, expanding their investment portfolio without necessarily having a base in the UK. After successful pilot tests with selected broker firms both…